NØRSKOV MONEY IVS — Credit Rating and Financial Key Figures

NØRSKOV MONEY IVS (CVR number: 35895043) is a company from HEDENSTED. The company reported a net sales of 0 mDKK in 2020, demonstrating a growth of 283.7 % compared to the previous year. The operating profit percentage was at 95.7 % (EBIT: 0 mDKK), while net earnings were 4.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 91.7 %, which can be considered excellent but Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -100 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NØRSKOV MONEY IVS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.